RGC Resources (RGCO) Form 4: 19,111-share purchase via DRIP
Rhea-AI Filing Summary
Thomas Patrick Furcron, the VP, Field Operations of RGC Resources, Inc. (RGCO), reported a purchase of 19,111 shares of the issuer's common stock on 10/01/2025 at a price of $22.5 per share. The transaction is coded P(1) and was made under the company’s Dividend Reinvestment and Stock Purchase Plan. Following the reported transaction the Form 4 shows 1,087.3 as the amount of securities beneficially owned (listed with designation “D” on the form). The filing was signed on behalf of Mr. Furcron by a Power of Attorney dated 06/02/2025 and submitted on 10/03/2025.
Positive
- 19,111 shares acquired via the company Dividend Reinvestment and Stock Purchase Plan
- Transaction was officially reported on Form 4 and signed by POA, showing filing compliance
Negative
- None.
Insights
TL;DR: Insider used the company DRIP to acquire 19,111 shares at $22.5.
The Form 4 discloses a non-derivative purchase of 19,111 common shares on 10/01/2025 under the issuer’s Dividend Reinvestment and Stock Purchase Plan. This indicates acquisition via an established internal plan rather than an open-market transaction.
The report was executed by a Power of Attorney dated 06/02/2025, which is disclosed on the form. The filing lists 1,087.3 as the amount of securities beneficially owned following the transaction as presented on the form.
FAQ
What did the RGCO insider purchase on 10/01/2025?
Under what plan were the RGCO shares purchased?
Who reported the transaction for RGCO?
When was the Form 4 filed and who signed it?
How many securities were listed as beneficially owned after the transaction?